Market brief FX: The foreign exchange market has quieted down anticipating further signals. USDX lost 0.1% on Friday morning. JPY is growing, but NZD, AUD, EUR add too. At the other end of the spectrum are RUB, TRY, ZAR – lose 0.2% to USD.
Stocks: Markets suspended recovery after a new round of escalating trade tensions in the US and China. Chinese indices are losing 0.5-0.7%, SPX are down 0.4%.
Commodities: Brent fluctuations settled after the collapse on Wednesday, this morning oil lost 0.5% to $ 57.25. Gold closed shy above $ 1,500 on Wednesday and Thursday but reluctant to update recent highs at $ 1,510.
Important Upcoming Events (GMT): 08:30 GBP [!!!] UK GDP Preliminary estimate 12:30 CAD [!!!] Canada Employment 12:30 USD [!!!] US Producer Price Index 17:00 Brent [!! ] Baker Hughes U.S. Rig Count
FTSE 100: ⬆️ Buy - FTSE 100 reversed from key support level 8425.00 - Likely…
Alibaba: ⬆️ Buy - Alibaba broke the key resistance level 145.00 - Likely to rise…
EURNZD: ⬇️ Sell - EURNZD reversed from long-term resistance level 1.9160 - Likely to fall…
AUDUSD: ⬆️ Buy - AUDUSD broke resistance level 0.6350 - Likely to rise to resistance…
Weak US retail sales are adding to concerns of a potential recession, putting pressure on…
The Dow Jones rebound depends on the Federal Reserve's monetary policy and incoming data. It…
This website uses cookies
